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Why Start an Affiliate Program
If you would like to start an affiliate program for your web site, you need to first know what your options are in order to get the best return on investment for your marketing budget. We'll help you learn what options are available to assist you in easily starting an affiliate program of your own.
What is an Affiliate Program?
Affiliate marketing is simply compensation for third party advertising. When you start an affiliate program, you pay a commission (percentage/flat rate) to the website that sent you the customer. You use affiliate tracking programs to track how many sales result from each affiliate/advertiser. You build a team of affiliates who happily promote your products and services for a commission, and you sit back and wait for customers. Easy.
Why Start an Affiliate Program?
If you are selling products or services on the Internet, and aren't yet using an affiliate marketing strategy, you are doing business the hard way. Having affiliate programs in place entices advertisers to promote your products. Advertisers can simply add affiliate links and banners to their websites to recommend your services.
Amazon is probably the most well-known pioneer of affiliate marketing. Without an affiliate program they would have ended up just another web-mall. But with an affiliate program Amazon has grown into an online shopping giant.
A few of the main benefits of starting an affiliate program are:
2. Increased incoming links- Similarly, as you increase the amount of affiliates promoting your service the incoming links to your website grows. Resulting in #3…
3. Enhanced page rank- Popularity and Search Engine positioning (Hooray!)
4. Boosted sales- The more customers you have, the more you will sell. Period.
5. Improved branding and website awareness- You are no longer alone in advertising your product; you have your affiliate army out in the trenches spreading the word about your product.
Hopefully, you are now convinced that an affiliate program could help make your online product more money. But how do you go about starting an affiliate program?
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